The Notion That Our Ability to Conserve Natural Resources Is

question 37

Multiple Choice

The notion that our ability to conserve natural resources is growing more rapidly than their supplies are dwindling is supported by the fact that

• A)most economists do not regard the availability of natural resources as a determinant of productivity.
• B)the quantity of natural resources does not enter into any production function.
• C)inflation-adjusted prices of most natural resources have been stable or fallen over time.
• D)inflation-adjusted prices of most natural resources have risen over time.

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Definitions:

Years

A unit of time equal to 365 days (or 366 days in a leap year) used to measure duration or age.

Total Dollar Return

The overall financial gain or loss on an investment, including capital gains, interest, dividends, and distributions, calculated in absolute dollar terms.

Shares

Instruments of corporate or financial asset ownership, shares entitle owners to a proportional division of profits, paid as dividends, upon declaration.

Dividend

A portion of a company's earnings distributed to shareholders, often in the form of cash or additional shares.